2001WAYZ INC
in conjunction with
GhettoFabulous2001Wayz & Visionary Ventures
Presents
The Family Susu
Save together. Everyone gets back exactly what they put in.
Never forget, you always gotta give back.
Call or text the organizer 404-697-6055
Member Guide
How the Family Susu Works
A susu is an old, simple way to save together. Families and neighbors have run them for generations. A set group pays the same amount into one pot on a set schedule, and each round one member takes the whole pot. When every member has had a turn, the circle is done.
Our Family Susu runs in six phases. Each phase is its own closed circle of ten members with its own pot size. Join the phase that fits your budget. You can join more than one, and you don't have to finish one phase to join another.
The Six Phases
| Phase | Pot | You pay every 2 weeks | You pay in total | You take out |
|---|---|---|---|---|
| 1 | $250 | $25 | $250 | $250 |
| 2 | $500 | $50 | $500 | $500 |
| 3 | $1,500 | $150 | $1,500 | $1,500 |
| 4 | $3,500 | $350 | $3,500 | $3,500 |
| 5 | $5,000 | $500 | $5,000 | $5,000 |
| 6 | $10,000 | $1,000 | $10,000 | $10,000 |
Every Phase Follows the Same Four Rules
- Ten seats, filled before day one. Once the tenth seat is taken, that phase is closed. Nobody joins partway through.
- Everyone pays the same amount every two weeks. That's one-tenth of the pot, every round, for all ten rounds.
- One member takes the full pot each round. The payout order is set and shared with everyone before the first payment.
- Ten rounds, then it ends. Each member pays in one full pot and takes out one full pot over twenty weeks.
The only thing that differs between seats is timing. An early seat works like a no-interest loan from the family, and a late seat works like a savings plan.
What This Is Not
There's no recruiting and there are no fees. Moving to a higher phase is a choice to save a bigger amount, not a level you earn. Nobody gets back more than they put in, and bringing in new people never moves anyone up or pays anyone extra. This isn't an investment and earns no interest. If someone offers you a version where newcomers pay the people ahead of them, that's a different thing, and it isn't this.
Member Guide
Your Family's Rotator
Every family gets its own rotator. The rotator is the payout order: who takes the pot in round one, round two, and so on. The organizer shuffles it when the family is set up, then shares it with every member. Once the first payment comes in, the order is locked and nobody can be moved.
Each Round
- Everyone pays. All ten members send their share through one of the organizer's listed payment methods.
- The organizer checks it off. Each payment is marked on the family's round sheet as it arrives.
- The pot goes out. When all ten have paid, the full pot goes to the member whose turn it is, and the payout is recorded.
Ways to Pay
The organizer lists the accepted payment methods, such as Cash App, PayPal, Venmo, Zelle, Chime, Apple Cash, a Stripe or Square payment link, or cash in person. Always pay to the handle or link the organizer gives you directly, and keep your receipt for every payment.
Before You Take a Seat
- Can you cover your phase's payment every two weeks for twenty weeks? If you miss a payment, the member due that round comes up short.
- Do you know the organizer and the other members? These circles work best among people who already trust each other.
- Are you staying in after your payout? Members who take an early seat still owe every payment that's left.
Request a Seat
- Pick your phase. Choose a pot size you can pay into every two weeks for twenty weeks.
- Call or text the organizer at 404-697-6055. Send your name, your phase and the payout week you'd like.
- Sign the agreement and make your first payment. Round one of a phase starts once all ten of its seats are signed.
Sign Before Round One
Family Susu Agreement
Payout Order (Rotator)
| Seat | Week | Member name | Phone | Signature |
|---|---|---|---|---|
| 1 | 2 | |||
| 2 | 4 | |||
| 3 | 6 | |||
| 4 | 8 | |||
| 5 | 10 | |||
| 6 | 12 | |||
| 7 | 14 | |||
| 8 | 16 | |||
| 9 | 18 | |||
| 10 | 20 |
Every Member Agrees
- I will pay the same amount as every other member, every two weeks, for all ten rounds, including the rounds after my own payout.
- I will take the full pot once, in the round shown next to my name. The payout order will not change after the first payment.
- I understand there are no fees, no interest and no recruiting. I will get back exactly what I put in, no more and no less.
- If I can't make a payment on time, I will tell the organizer before the due date and pay before that round's payout.
- The organizer records every payment and payout and will show any member the family's round sheet on request.
2001WAYZ INC × GhettoFabulous2001Wayz & Visionary Ventures · 404-697-6055